Other things the same, which of the following responses would we expect from an increase in U.S. interest rates?
a. Your aunt puts more money in her savings account.
b. Foreign citizens decide to buy fewer U.S. bonds.
c. You decide to purchase a new oven for your cookie factory.
d. All of the above are correct.
a
Economics
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What will be an ideal response?
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The market process ensures that, when all transactions are voluntary, resources get allocated to the use where they are valued the most
a. True b. False Indicate whether the statement is true or false
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